Nigeria's state-owned oil firm NNPC Ltd said on Monday an 800,000-liter (211,338-U.S. gallon) vessel carrying stolen crude had been intercepted offshore while heading to Cameroon and would be destroyed as a deterrent to oil theft.Crude theft from pipelines and wells in the Niger Delta has hobbled the country's output in recent years and is one of the biggest challenges to confront new President
A.P. Moller - Maersk's container terminal operating arm APM Terminals announced the expansion of its Maasvlakte II terminal in Rotterdam, increasing the terminal's capacity by approx. 2 million TEU The project involves a site of approximately 47.5 hectares with 1,000 meters of deep-sea quay.
Washington State Ferries (WSF) this week launched an invitation for bid to convert its three largest vessels to hybrid-electric propulsion.The conversion will remove two diesel generator sets from each of WSF's Jumbo Mark II ferries and replace them with batteries and associated support systems.
UBS Group AG will likely shrink Credit Suisse Group's $10 billion shipping portfolio that it inherited as part of its emergency takeover on Sunday, the Wall Street Journal reported on Wednesday.UBS could also try to sell the portfolio, but doing so could prompt owners to move their accounts elsewhere, the WSJ reported, citing people familiar with the matter.
Shipboard fire a constant threat: Bonhomme Richard tragedy an enduring lesson in fire prevention, responseJuly 12, 2020 was a lazy Sunday morning at Naval Base San Diego. USS Bonhomme Richard (LHD 6), which had been commissioned only two years earlier, had recently made the base its new homeport and was docked as it underwent a maintenance availability.
Venezuela's state-run oil company PDVSA on Monday was loading a supertanker with crude and fuel for Cuba, maritime documents showed, an unusually large volume to help its political ally overcome an energy crisis with repeated blackouts.Several big electrical outages this year have left many in Cuba concerned about power supplies this summer
A grounding incident was avoided thanks to swift action by a team of harbor tugs and pilots aboard a Panamanian registered containership that lost power in Southampton, U.K., according to a local pilots group.At around 11 a.m. on January 26, the 20,000 TEU containership MOL Treasure departed the Port of Southampton bound for Le Harve, amid good, though gusty, weather conditions
Photos released by the U.S. Navy on Tuesday show sailors collecting the remnants of a suspected Chinese spy balloon that was shot down by an Air Force fighter over the weekend off the coast of South Carolina.The U.S. military began collecting the debris after the high-altitude surveillance balloon was shot down by an F-22 fighter over the weekend at the orders of President Joe Biden.
At least four Chinese-owned supertankers are shipping Russian Urals crude to China, according to trading sources and tracking data, as Moscow seeks vessels for exports after a G7 oil price cap restricted the use of Western cargo services and insurance.China, the world's top oil importer, has continued buying Russian oil despite Western sanctions
A Hong Kong registered tanker assisted in the rescue of two men adrift in a sailboat off the U.S. East Coast.On Sunday, watchstanders at the U.S. Coast Guard Fifth District command center were notified of an overdue sailing vessel, Atrevida II, which was sailing from Cape May, N.J. to Marathon, Fla.
Potential energy shortages in the U.S. northeast this winter have led to arguments that the U.S. Jones Act should be waived. These arguments rarely, however, grapple with what exactly it takes to waive the Jones Act. This is not blameworthy because the Jones Act waiver standard has been a mess.
Three migrants rescued in Spain's Canary Islands, after apparently enduring an 11-day journey from Nigeria crouched on the rudder of a fuel tanker, should now be returned home under stowaway laws, a police spokesman told Reuters on Tuesday. In a photograph distributed on Twitter by the Spanish coast guard on Monday, the three stowaways are shown crouching on the rudder under the hull